SEOUL, Nov.30 (Korea Bizwire) – Riot Games, famous for developing and distributing the online game ‘League of Legends’ (L.O.L) announced that it is digitally recording ‘Seowon’, the traditional Korean lecture halls that also served as memorial halls for Confucianist services to honor distinguished scholars and statesmen, in 3D. The project is one of the endeavors [...]
SEOUL, Aug. 25 (Korea Bizwire) – A recent study has shown that 9 out of 10 smartphone users aged between 20 to 40 enjoy mobile games. According to NBT, the company managing the mobile lock screen application Cash Slide, among 1,202 smartphone users aged between 20 to 40, 93.8 percent answered that they currently play [...]
SEOUL, August 5 (Korea Bizwire) - Soccer enthusiasts are excited about a new online service that manages scores and stats of amateur soccer players likepopular PC soccer games ‘Winning 11′ and ‘Football Manager’. The online service that is creating all the buzz is called ‘BePro 11′. It was launched by a company also named BePro, [...]
LOS ANGELES, Jul. 23 (Korea Bizwire) — SGN, the fastest growing major U.S. mobile games studio, announced today an investment of $130 million from Netmarble Games, the number one mobile games publisher in South Korea. With this investment, Netmarble will become the largest shareholder in SGN. In this strategic partnership, SGN looks to grow their [...]
SEOUL, July 2 (Korea Bizwire) – ICT service provider SK Networks Service threw down the gauntlet to the mobile game industry by picking mobile gaming as its new growth engine. Seo Bo-kook, CEO of SK Networks Service, said at a press conference announcing its new business plan, “We picked content services, especially mobile gaming, as [...]
SEOUL, May 6 (Korea Bizwire) — A strict regulation that bans nighttime online gaming for children has led to a 1.16 trillion won (US$1.07 billion) loss in the South Korean games industry, a report showed Wednesday. Also known as the “forced shutdown system,” online game operators are currently prohibited from providing services to children under [...]
SEOUL, March 25 (Korea Bizwire) — A Korean regional court has reached an interesting verdict in an online insult case. Incheon District Court judge Kim Sung-jin said on March 24 that a university student on a leave of absence has been fined 2 million won (US$ 1,800) on charges of insulting the ID, not the [...]
SEOUL, March 24 (Korea Bizwire) – Tablet PCs offer mobility and connectivity benefits compared to computers, with their small size not standing in the way of impressive hardware specs. However, there is also dark side to the Tablet PC world, with pervasive online gambling that is becoming especially rampant in Korea. On March 23, Jungbu [...]
SEOUL, Feb. 17 (Korea Bizwire) — South Korea’s No. 2 online game developer NCsoft , facing a possible hostile takeover by top player Nexon, joined Tuesday with a smaller local rival to protect its management control, as the dispute is about to reach a boiling point ahead of NCsoft’s crucial shareholders meeting slated for next month. [...]
SEOUL, Jan. 28 (Korea Bizwire) — Nexon, the nation’s No.1 online game brand and the largest shareholder of NC Soft, publicly announced on January 27 that it will participate in the management of the latter company, a change from its previously held position as a simple shareholder. Nexon became the controlling stakeholder of NC Soft [...]